Common use of Accounting for the Merger; Reorganization Clause in Contracts

Accounting for the Merger; Reorganization. As of the date hereof, the Company does not have any reason to believe that the Merger will fail to qualify (i) for pooling-of-interests accounting treatment under generally accepted accounting principles or (ii) as a reorganization under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peoples Heritage Financial Group Inc)

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Accounting for the Merger; Reorganization. As of the date hereof, neither the Company does not have Acquiror nor any Acquiror Subsidiary has any reason to believe that the Merger will fail to qualify (i) for pooling-pooling- of-interests accounting treatment under generally accepted accounting principles or (ii) as a reorganization under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Northeast Bancorp /Me/)

Accounting for the Merger; Reorganization. As of the date hereof, neither the Company does not have nor the Bank has any reason to believe that the Merger will fail to qualify (i) for pooling-of-interests accounting treatment under generally accepted accounting principles or (ii) as a reorganization reorgani- zation under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bank of New Hampshire Corp)

Accounting for the Merger; Reorganization. As of the date hereof, the Company does not have any has no reason to believe that any action it has taken will cause the Merger will to fail to qualify (i) for pooling-of-of- interests accounting treatment under generally accepted accounting principles or (ii) as a reorganization under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Northeast Bancorp /Me/)

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Accounting for the Merger; Reorganization. As of the date hereof, neither the Company does not have Acquiror nor any Acquiror Subsidiary has any reason to believe that the Merger will fail to qualify (i) for pooling-of-interests accounting treatment under generally accepted accounting principles or (ii) as a reorganization under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bank of New Hampshire Corp)

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